“In recent decades, the average CEO of the largest U.S. company has made around 300 times as much as the median worker…  In 1965, CEOs were paid just 21 times as much as a typical worker.” [COMMENTARY] This study says that one reason for the vast increase in payouts to company executives compared to the…

“In sum, many institutional investors are still feeling their way as they develop their strategy for dealing with whether and how to incorporate ESG and sustainability issues into their investing decisions.” [COMMENTARY] Since it’s JD Supra offering this handbook, it has credibility. Perspectives In ESG And Sustainable Investment: ESG and the Sustainable Economy Handbook, by…

“The problem is that the governance structures in these companies are adolescent at best, ill-equipped to handle their rapid rate of revenue growth, their evolving business models, and their swiftly changing capital structures. I fear these factors will coalesce to make an eventual market downturn even more painful than it would be otherwise.” [COMMENTARY] Years…

“This year, anti-DEI proposals represent the dominant form of DEI-related shareholder activism, while pro-DEI proposals have receded significantly in both volume and voter support.” [COMMENTARY] For many companies, DEI makes sense organizationally and financially. That doesn’t mean it’s required for every company. I sense that, in many companies, the anti-DEI shareholder proposals are political rather…

“There were about 150 faith-based mutual funds and ETFs with nearly $97 billion in assets in Morningstar’s database as of the end of April 2026, smaller than 30 entire fund families.” [COMMENTARY] Ethical and sustainable investing has many of its roots in faith-based investing. Yet, the size of their related markets is significantly different. I’ve often wondered…

“Critics, including law professor Lucian Bebchuk at Harvard University and economist Alex Edmans at London Business School, have argued that tying executive compensation to specific ESG metrics invites executives to game the scheme and may end up exacerbating the agency problem of executive pay.” [COMMENTARY] I disagree with standardizing ESG scores, as I believe the different weights and…